The Spanish economy ended 2015 with growth of 3.2% of GDP, according to the advance data from the National Statistics Institute (INE). In the fourth quarter the increase was 0.8%, representing an increase of 3.5% compared with the same quarter of 2014.
Soraya Saenz de Santamaria, Luis de Guindos and Cristobal Montoro at the press conference after the Council of Ministers (Photo Moncloa)
The daily stress that is the highest growth rate since 2007, before the crisis, and much higher than in other countries around us: the eurozone grew 1.5%, France 1.1% and Germany 1.7%.
The Acting Deputy Prime Minister, Soraya Saenz de Santamaria, said that the growth figure is “hopeful” and reflects the last, “the most reformist of the history of democracy” legislature, he stressed, is settled “in glowing terms of economic growth and job creation.” He stressed that GDP has added ten consecutive quarters of increased and noted that this fact “has to put all the responsibility to the time we live in and the need for further reforms to strengthen the economy.” He recalled that the growth figure of 3.2% is “only marginally lower than expected by the Executive” . 3.3%
On the other hand, when asked about the brake on investment in our country due to political instability, the vice president replied: “No need to tell the government but investors themselves are making a direct communication, and that’s what we’re seeing. “
The Minister of Economy of the PSOE, Manuel de la Rocha said that this is a fact” definitely positive ” but claimed “to turn around the economic policy to achieve that growth to reach more people and translated into higher quality employment.” He also recalled that Spain “has significant external vulnerabilities, especially the high public debt, which has grown steadily in the last legislature and a high external debt, which are a heavy burden for future growth” and considered that the Government ” it will be far from meeting the objectives agreed with Brussels stability “. In his view, debt and public deficit “will be one of the legacies of Rajoy will greatly condition the action of the next government.”
(Text homemade made from summary of news from the press services of Moncloa)
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